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Tesla settles two lawsuits on 2019 California crashes related to Autopilot software

Tesla settles two lawsuits on 2019 California crashes related to Autopilot software

by AIP Online Bureau | Sep 17, 2025 | International News, Technology

The settlements come weeks after a Florida jury ordered Tesla to pay $243 million in compensatory and punitive damages to the victims of another fatal 2019 crash of a Model S that was equipped with Autopilot Tesla has reached confidential deals to resolve two lawsuits...
Swiss Re profit rose 18 % to $1.3 billion in Q1 despite California wildfires

Swiss Re profit rose 18 % to $1.3 billion in Q1 despite California wildfires

by AIP Online Bureau | May 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The result “gives us confidence in our 2025 targets despite a challenging environment,” Chief Executive Officer Andreas Bergersaid in a statement on Friday Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive...
CoreLogic estimates California wildfire insured losses at $35 to $45 billion

CoreLogic estimates California wildfire insured losses at $35 to $45 billion

by AIP Online Bureau | Jan 17, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

This analysis of both residential and commercial properties accounts for both fire and smoke damage as well as demand surge, debris removal, clean up and Additional Living Expenses (ALE). The majority of losses are to residential properties. Many of the potentially...
California sues Exxon over global plastic pollution

California sues Exxon over global plastic pollution

by AIP Online Bureau | Sep 29, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation

California Attorney General Rob Bonta said the state sued Exxon after concluding a nearly two-year investigation that he said showed Exxon was deliberately misleading the public about the limitations of recycling. The investigation mirrors California’s previous probes...
California lawmakers pass AI safety bill

California lawmakers pass AI safety bill

by AIP Online Bureau | Aug 29, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

The bill requires developers of large “frontier” AI models to take precautions such as pre-deployment testing, simulating hacker attacks, installing cyber security safeguards, and providing protection for whistleblowers At least 40 states have introduced...
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